Pacific Sun Financial Corp Purchases New Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Pacific Sun Financial Corp acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,188 shares of the company’s stock, valued at approximately $1,260,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. First National Trust Co lifted its position in SPDR S&P Dividend ETF by 14.7% in the first quarter. First National Trust Co now owns 6,923 shares of the company’s stock worth $856,000 after buying an additional 887 shares during the last quarter. Venture Visionary Partners LLC raised its position in SPDR S&P Dividend ETF by 3.3% in the 1st quarter. Venture Visionary Partners LLC now owns 20,387 shares of the company’s stock worth $2,522,000 after purchasing an additional 646 shares during the period. Resources Investment Advisors LLC. lifted its stake in SPDR S&P Dividend ETF by 12.5% in the first quarter. Resources Investment Advisors LLC. now owns 9,753 shares of the company’s stock worth $1,207,000 after purchasing an additional 1,084 shares during the last quarter. Avantax Planning Partners Inc. lifted its stake in SPDR S&P Dividend ETF by 5.7% in the first quarter. Avantax Planning Partners Inc. now owns 12,440 shares of the company’s stock worth $1,539,000 after purchasing an additional 669 shares during the last quarter. Finally, Smith & Howard Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 54.2% during the first quarter. Smith & Howard Wealth Management LLC now owns 3,634 shares of the company’s stock valued at $450,000 after buying an additional 1,278 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.1 %

Shares of SDY stock traded up $0.14 on Monday, reaching $120.00. 145,211 shares of the company’s stock were exchanged, compared to its average volume of 437,675. The company’s fifty day simple moving average is $123.08 and its 200 day simple moving average is $122.42. SPDR S&P Dividend ETF has a 52 week low of $110.55 and a 52 week high of $132.50. The stock has a market capitalization of $21.36 billion, a PE ratio of 14.72 and a beta of 0.86.

SPDR S&P Dividend ETF Profile

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.